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Five9 (FIVN) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 30, 2026

Five9 (FIVN) reported revenue of $305M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +2% from the quarter before. Operating margin was 6.1%, net earnings $18.4M (6.0% of revenue).

Revenue$305M
Year over year+9%
Quarter over quarter+2%
Operating margin6.1%
Net earnings$18.4M

Five9, Q1 2026: revenue $305M (+9% year over year), operating margin 6.1%, net earnings $18.4M, operating cash flow $63.9M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$305M+2%+9%
Gross profit$171M+2%+11%
Operating profit$18.5M-7%—
Net earnings$18.4M-7%32×
Operating cash flow$63.9M-24%+32%
Free cash flow$58.7M-24%+34%

What changed

Revenue was $305.3M in Q1 2026, up 9% year over year and up 2% from the previous quarter.

Gross margin was 55.9%, up 0.9 points from Q1 2025. Operating profit was $18.5M, a 6.1% margin (up 8.0 points year over year). Operating expenses fell 4% while revenue rose 9%. Net earnings were $18.4M, up 3097% year over year. The effective tax rate was 10.5%.

Operating cash flow was $63.9M (up 32% year over year), 347% of net earnings. Non-cash charges added back $17.8M of depreciation and amortization and $32.7M of share-based compensation. Working capital and other items used $5.0M. Capital expenditures of $5.3M left free cash flow of $58.7M.

Questions

What was Five9's revenue in the first quarter 2026?

Five9 (FIVN) reported revenue of $305M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +2% from the quarter before.

Was Five9 profitable in the first quarter 2026?

Operating profit was $18.5M (6.1% of revenue) and net earnings $18.4M.

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Source: Five9 10-Q on SEC EDGAR.